Hourly to Salary Calculator UK

Convert between hourly rate and annual salary — with full tax breakdown.

📖 What does this calculate?

Converts between an hourly rate and an annual salary — or vice versa — based on your working hours and weeks per year. Also shows your effective hourly rate after income tax and National Insurance.

2025-26 National Living Wage: £12.21/hr (age 21+) · Standard full-time = 37.5 hrs/week · 52 weeks minus holidays = ~46 working weeks

Hourly Rate

Hours per Week — 37.5hrs

1hr37.5hr60hr

Tax Code

Not sure? Find your tax code on gov.uk →

Annual Salary (Gross)

£29,250

Hourly

£15.00

Daily (7.5hrs)

£113

Weekly

£563

Monthly (gross)

£2,438

Annual (gross)

£29,250

NLW (21+)

£12.21/hr

After Tax (2025-26)

Gross Salary£29,250

Income Tax-£3,336

National Insurance-£1,334

Take-Home (year)£24,580

Monthly take-home

£2,048

Effective tax rate

16.0%

Marginal rate

20%

Taxed Benefits (Benefits in Kind)

e.g. company car, private health insurance, gym — you pay income tax on the P11D value.

Annual P11D Value of Benefit

💡 Tips

💡 Always negotiate in annual salary terms — it's harder for employers to lowball you on a big number.

💡 Don't forget pension, bonus, and benefits when comparing offers — they can be worth 10-20% extra.

⚠️ Self-employed? Your hourly rate needs to cover tax, NI, holidays, and sick pay — aim for at least 1.3x the equivalent employed rate.

Estimates for 2025-26. Assumes England/Wales rates, no student loan or pension contributions.

Sources & References

National Living Wage rates Income Tax rates 2025-26 National Insurance rates